STP

As more and more people really will begin to understand the issue with Peak Oil, the fiat currency debacly, the dire inflationary trend, the geopolitical challenges (e.g. like Mexico that used to be one of the largest exporter of oil to the US soon to become a net importer of oil), the immence risks and humongeous costs associated with off shore deep sea drilling not mentioning the geopolitical risks in places like e.g. the middle east, Venezuela and Nigeria, they not only want but need to invest in the Canadian oil sands.

The really big guys, the investors "in the know" like e.g. PetroChina and Soros have started to move and soon they´ll move even more aggressively in to the canadian oil sands and sure enough when that starts to sink in also with the broader investor community, well that's then when the real frenzy will begin. Thrust me - we have seen nothing yet!

There aren´t that many plays around in the oil sector able to radically improve not only their reserves but also ramp up their future production. Definately STP is one amongst these very few. Thus the future belongs to STP, Mr Lutes and his great management team.

"The deal gives PetroChina 60 percent control of Athabasca Oil Sands Corp.´s Mac Kay and Dover oil sands deposits in Alberta. The yield from the two deposits is likely to be modest when compared with total estimates of about 175 billion barrels of oil held in the sands, the largest after Saudi Arabia.

Industry analysts said China would likely seek to expand its Canadian tar sands portfolio."

http://www.upi.com/Business_News/Security-Industry/2010/01/05/China-buys-into-Canadian-tar-sands-exploitation-project/UPI-22041262732184/#ixzz1DYFkW8BQ

Future now for STP sure looks bright to say the least.Any STP valuation below C$4 is nothing but ridiceoulous.

That is as long as not a big investors starts trying to manipulate STP SP in order to try to get in real cheap.

All the best to all longs and now we look forward to great news regarding e.g. the Senlac new wells, Read Earth pilot as well as the results from this winters core hole drilling program a new application by summer and procuction at McKay phase 1 early next year.